ESG 23 Final Single pages - Flipbook - Page 86
Task Force on Climate-related Financial Disclosures (TCFD) (continued)
Absolute reduction target 1
Intensity reduction target 2
50.4% reduction in Scope 1 and 2 carbon emissions by FY33
58.1% reduction in Scope 3 Purchased Goods & Services carbon
emissions vs £M gross pro昀椀t by FY33
70
Scope 3, Purchased Goods and Services
carbon emissions (tCO2e) vs £M revenue
6000
5000
3000
2000
1000
0
50
40
30
20
10
PROJECTED TARGET
FY32
FY31
FY30
FY29
FY28
FY27
FY26
FY25
FY24
FY23
FY32
FY31
FY30
FY29
FY28
FY27
FY26
FY25
FY24
FY23
FY22
0
FY22
tCO2e
4000
60
ACTUAL
An increase in Scope 2 carbon emissions is evident in FY23 when compared to FY22. This has impacted target 1 above.
As mentioned previously, this rise is from increased utilisation of o昀케ce space. To mitigate this RWS has implemented an
energy performance review programme proactively, where the energy e昀케ciency of new sites is considered before they
are secured. This will support improving Scope 2 emission performance in the future.
The Scope 3 intensity performance in FY23 shows a positive improvement, indicating that 25.6% of the targeted
reduction has been achieved. This is nearly two years ahead of the current target. This is the result of working with the
supply chain, increasing the emphasis on carbon performance, and enhancing carbon measurement methodologies.
In addition, RWS has targets on transitioning to 100% renewable electricity across its estate portfolio wherever possible.
In FY23 13.8% was achieved.
86
RWS — ESG Report 2023 FRAMEWORKS
